Nice timing, Pam - yesterday's news headline downunder was one of the biggest energy suppliers, Origin Energy, announcing closure of it's coal-fired plant a massive 7 years before it was required (or expected) to do so! Cynics say they made the surprise announcement because they didn't want to follow in the footsteps of another energy supplier, AGL, which earlier said it would close but was persuaded by the government to continue (with the gov't quietly 'subsidising' its losses). Not sure what's behind it all (apart from the usual mismanagement with senior execs filling their pockets), and perhaps a kowtowing to public opinion in our new snowflake world ("We must protect the environment even if it kills us"), but with at least a third of Europe's gas coming from Russia, the brewing stoush over Russia's apparent intention to invade Ukraine can't possibly help in that part of the world!!!
Meanwhile, in Vietnam, any power shortage will doubtless get treated with the usual aplomb: the authorities just turn all our power off for a few days!!!
